Ladder Capital Corp Class A (NYSE:LADR)
10.4 USD
+0.290 2.868%Sponsored Reports
| Previous Close (in USD) | 10.11 |
|---|---|
| Change | +0.290 2.868% |
| 52 W H/L (in USD) | 11.950/8.178 |
| EBITDA (in USD) | -- |
| PE Ratio | 10.45 |
| Volume | 1001291 |
| Diluted Eps TTM | 1.13 |
| Total Assets (in USD) | 5951.173M |
|---|---|
| Total Liabilities (in USD) | 4417.612M |
| Revenue TTM (in USD) | 316.103M |
| Cash (in USD) | 609.078M |
| Market Cap (in USD) | 1,498.831 M |
| Revenue Per Share TTM | 2.539 |
| Gross Profit TTM (in USD) | 278.038M |
Summary
Income Statement
Balance Sheet
Change in Cash
Operating Cash
Dividend Paid
Ladder Capital Corp Class A
Employees: 63
Key Executives
| Sr. No. | Name | Title | Year Born |
|---|---|---|---|
| 1. | Mr. Brian Richard Harris | Founder, CEO & Director | 1960 |
| 2. | Ms. Pamela Lynn McCormack | Co-Founder, Pres & Director | 1971 |
| 3. | Mr. Robert M. Perelman | Co-Founder & Head of Asset Management | 1962 |
| 4. | Mr. Paul J. Miceli | Chief Financial Officer | 1980 |
| 5. | Ms. Kelly Amanda Porcella | Chief Admin. Officer, Gen. Counsel, Sec. & Head of ESG | 1982 |
| 6. | Mr. Anthony V. Esposito | CAO & Principal Accounting Officer | 1979 |
| 7. | Ms. Michelle Wallach | Chief Compliance Officer, Sr. Regulatory Counsel | NA |
| 8. | Mr. Lee Warshaw | Managing Director | NA |
| 9. | Mr. Marc Waldman | Managing Director | NA |
| 10. | Mr. Adam Siper | Head of Origination | NA |
Peers
Sector: Real Estate
Industry: REIT - Mortgage
| Company | Change (USD) | Price (USD) | Trailing PE(x) | Forward PE(x) | Price Sales TTM(x) | Price to Book Value(x) | Enterprise Value to Revenue(x) | Enterprise Value to EBITDA(x) |
|
AGNC
AGNC Investment Corp. |
+0.200 1.978% | 10.19 | 8.390 | 6.993 | 6.969 | 1.160 | 0.026 | 0.000 |
|
NLY
Annaly Capital Management, Inc. |
+0.750 3.578% | 21.19 | 0.000 | 6.901 | 2.266 | 1.107 | 0.000 | 0.000 |
|
AGNCM
AGNC Investment Corp. |
+0.050 0.200% | 25.03 | 0.000 | 0.000 | 4.892 | 0.000 | 0.000 | 0.000 |
|
AGNCN
AGNC Investment Corp. |
0.000 0.000% | 25.8 | 0.000 | 0.000 | 4.860 | 0.000 | 0.000 | 0.000 |
Income Statement
(Currency in USD)| Breakdown | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 | 31-12-2018 |
|---|---|---|---|---|---|
| Income Before Tax | 170.214M | 57.821M | -19.247M | 139.647M | 228.319M |
| Minority Interest | -23.088M | -0.371M | 4.987M | 14.356M | 41.661M |
| Net Income | 142.217M | 56.522M | -9.458M | 122.645M | 180.015M |
| Selling General Administrative | 75.836M | 38.347M | 58.101M | 67.768M | 60.117M |
| Gross Profit | 301.055M | 141.349M | 121.015M | 293.432M | 399.392M |
| Reconciled Depreciation | 32.673M | 37.801M | 36.845M | 37.152M | 40.22M |
| Ebit | 340.923M | 57.45M | -24.234M | 125.291M | 379.21M |
| Ebitda | 373.596M | 95.251M | 12.611M | 163.802M | 421.169M |
| Depreciation And Amortization | 32.673M | 37.801M | 36.845M | 38.511M | 41.959M |
| Operating Income | 340.923M | 57.45M | -24.234M | 125.291M | 380.949M |
| Other Operating Expenses | 175.065M | -110.06M | 29.517M | 44.445M | 60.117M |
| Interest Expense | 195.602M | 182.949M | 227.474M | 204.353M | 194.291M |
| Tax Provision | 4.909M | 0.928M | -9.789M | 2.646M | 6.643M |
| Interest Income | 293.52M | 176.099M | 239.849M | 330.235M | 344.816M |
| Net Interest Income | 97.918M | -6.85M | 12.375M | 125.882M | 150.525M |
| Income Tax Expense | 4.909M | 0.928M | -9.789M | 2.646M | 6.643M |
| Total Revenue | 339.66M | 167.51M | 121.015M | 293.432M | 399.392M |
| Total Operating Expenses | 38.605M | -110.06M | 29.517M | 44.445M | 60.117M |
| Cost Of Revenue | 38.605M | 26.161M | - | 204.353M | 194.291M |
| Total Other Income Expense Net | -170.709M | 0.371M | 4.987M | 14.356M | 228.319M |
| Net Income From Continuing Ops | 165.305M | 56.893M | -9.458M | 137.001M | 221.676M |
| Net Income Applicable To Common Shares | 142.217M | 56.522M | -14.445M | 122.645M | 180.015M |
Balance Sheet
(Currency in USD)| Breakdown | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 | 31-12-2018 |
|---|---|---|---|---|---|
| Total Assets | 5951.173M | 5851.252M | 5881.229M | 6669.152M | 6272.872M |
| Intangible Assets | 114.687M | 142.335M | 157.176M | 161.203M | 162.002M |
| Other Current Assets | 77.915M | -680.126M | -2327.564M | -1721.549M | -1410.126M |
| Total Liab | 4417.612M | 4228.751M | 4332.804M | 5030.175M | 4629.237M |
| Total Stockholder Equity | 1533.346M | 1507.137M | 1543.162M | 1458.277M | 1445.153M |
| Other Current Liab | 34.4M | 27.591M | -266.43M | -0.223M | 372.274M |
| Common Stock | 0.127M | 0.126M | 0.127M | 0.12M | 0.118M |
| Capital Stock | 0.127M | 0.126M | 0.127M | 0.12M | 0.118M |
| Retained Earnings | -177.005M | -207.802M | -163.717M | -35.746M | 11.342M |
| Good Will | - | - | - | - | - |
| Other Assets | 4610.802M | 3715.714M | 3114.521M | 2937.425M | -28.014M |
| Cash | 609.078M | 548.744M | 1254.432M | 58.171M | 67.878M |
| Cash And Equivalents | - | - | - | - | - |
| Total Current Liabilities | 100.227M | 3765.779M | 266.43M | 0.223M | 1.301M |
| Current Deferred Revenue | - | - | - | - | - |
| Net Debt | 3636.619M | 3670.959M | 2135.895M | 4801.702M | 3721.011M |
| Short Term Debt | - | 3765.779M | 266.43M | 0M | 0M |
| Short Long Term Debt | 0M | 0M | 266.43M | 0M | 0M |
| Short Long Term Debt Total | 4245.697M | 4219.703M | 3390.327M | 4859.873M | 3788.889M |
| Other Stockholder Equity | 1731.233M | 1718.925M | 1717.215M | 1489.685M | 1438.342M |
| Property Plant Equipment | 700.136M | 865.694M | 985.304M | 1048.081M | 998.022M |
| Total Current Assets | 640.235M | 1265.669M | 1503.681M | 1800.786M | 28.014M |
| Long Term Investments | 593.738M | 726.434M | 46.552M | 49.126M | 40.354M |
| Short Term Investments | 379.799M | 703.28M | 232.661M | 1721.305M | 1410.126M |
| Net Receivables | 24.938M | 13.645M | 16.588M | 21.31M | 27.214M |
| Long Term Debt | 4245.697M | 4219.703M | 3122.597M | 3043.939M | 4453.549M |
| Inventory | - | - | - | - | - |
| Accounts Payable | 100.227M | 67.84M | 71.413M | 0.223M | 1.301M |
| Accumulated Other Comprehensive Income | -21.009M | -4.112M | -10.463M | 4.218M | -4.649M |
| Non Currrent Assets Other | -8.289M | -869.869M | -1263.027M | -1930.941M | 4660.39M |
| Non Current Assets Total | 700.136M | 869.869M | 1263.027M | 1930.941M | 6272.872M |
| Capital Lease Obligations | - | 1M | 1.3M | - | - |
| Long Term Debt Total | - | - | - | 4859.873M | 4453.549M |
Cash Flow
(Currency in USD)| Breakdown | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 | 31-12-2018 |
|---|---|---|---|---|---|
| Investments | 1098.21M | 1227.713M | 1065.278M | 2098.867M | 1413.572M |
| Total Cashflows From Investing Activities | 81.59M | -651.46M | 1542.265M | -126.587M | -342.865M |
| Total Cash From Financing Activities | -150.244M | -91.017M | -725.67M | 200.676M | 58.199M |
| Net Income | 165.305M | 56.893M | -9.458M | 137.001M | 221.676M |
| Change In Cash | 38.056M | -662.738M | 928.538M | 257.296M | -84.233M |
| Begin Period Cash Flow | 621.546M | 1284.284M | 355.746M | 98.45M | 182.683M |
| End Period Cash Flow | 659.602M | 621.546M | 1284.284M | 355.746M | 98.45M |
| Total Cash From Operating Activities | 106.71M | 79.739M | 111.943M | 183.207M | 200.433M |
| Depreciation | 30.91M | 35.913M | 36.845M | 37.152M | 40.22M |
| Other Cashflows From Investing Activities | -1009.671M | -1874.3M | 483.09M | -2217.862M | -1748.655M |
| Dividends Paid | -107.011M | -100.553M | -118.888M | -144.53M | 122.772M |
| Change To Inventory | - | - | - | - | - |
| Sale Purchase Of Stock | -7.916M | -9.008M | -3.035M | -0.637M | 5806.914M |
| Other Cashflows From Financing Activities | 2375.394M | 4512.109M | 9978.809M | -34.134M | -43.345M |
| Capital Expenditures | 6.949M | 4.873M | 6.103M | 7.592M | 7.782M |
| Change In Working Capital | 30.09M | 1.392M | -37.246M | -6.134M | 22.466M |
| Other Non Cash Items | -150.674M | -30.03M | 78.98M | -11.403M | -85.235M |
| Free Cash Flow | 106.71M | 79.739M | 111.943M | 175.615M | 192.651M |
Funds
| Sr. No. | Name | Purchased On | Shares |
|---|---|---|---|
| 1. | Vanguard Total Stock Mkt Idx Inv | 2 years ago | 3546085 |
| 2. | Vanguard Small Cap Index | 2 years ago | 2960716 |
| 3. | iShares Russell 2000 ETF | 2 years ago | 2768347 |
| 4. | Jennison SMid Cap Core Equity | 2 years ago | 2539116 |
| 5. | PGIM Jennison Small Company A | 2 years ago | 2539116 |
| 6. | Brown Advisory Small-Cap Fdmtl Val Inv | 2 years ago | 2198725 |
| 7. | Vanguard Small Cap Value Index Inv | 2 years ago | 2052188 |
| 8. | Vanguard Institutional Extnd Mkt Idx Tr | 2 years ago | 1598068 |
| 9. | iShares Mortgage Real Estate Capped ETF | 2 years ago | 1491531 |
| 10. | Fidelity® Small Cap Index | 2 years ago | 1087773 |
| 11. | CREF Stock R1 | 2 years ago | 1079311 |
| 12. | iShares Russell 2000 Value ETF | 2 years ago | 1049336 |
| 13. | Victory Integrity Small-Cap Value A | 2 years ago | 921400 |
| 14. | Integrity Small-Cap Value Comp | 2 years ago | 921400 |
| 15. | VanEck Mortgage REIT Income ETF | 2 years ago | 840113 |
| 16. | Advisors Capital Income w/Growth | 2 years ago | 782150 |
| 17. | Global X SuperDividend® REIT ETF | 2 years ago | 780507 |
| 18. | Nuveen Small Cap Value Equity | 2 years ago | 672709 |
| 19. | Nuveen Small Cap Value I | 2 years ago | 672709 |
| 20. | Nuveen Small Cap Value SMA | 2 years ago | 672709 |
Institutions
| Sr. No. | Name | Purchased On | Shares |
|---|---|---|---|
| 1. | Vanguard Group Inc | 2 years ago | 11124634 |
| 2. | BlackRock Inc | 2 years ago | 9689725 |
| 3. | Jennison Associates LLC | 2 years ago | 6050389 |
| 4. | Koch Industries Inc | 2 years ago | 4000000 |
| 5. | Brown Advisory Holdings Inc | 2 years ago | 3655018 |
| 6. | Goldman Sachs Group Inc | 2 years ago | 3187137 |
| 7. | State Street Corporation | 2 years ago | 2724459 |
| 8. | Nuveen Asset Management, LLC | 2 years ago | 2689455 |
| 9. | Geode Capital Management, LLC | 2 years ago | 2343381 |
| 10. | Balyasny Asset Management LLC | 2 years ago | 2042662 |
| 11. | Wellington Management Company LLP | 2 years ago | 1758384 |
| 12. | Victory Capital Management Inc. | 2 years ago | 1678426 |
| 13. | Northern Trust Corp | 2 years ago | 1639715 |
| 14. | Advisors Capital Management, LLC | 2 years ago | 1620842 |
| 15. | Charles Schwab Investment Management Inc | 2 years ago | 1516872 |
| 16. | JPMorgan Chase & Co | 2 years ago | 1453529 |
| 17. | LSV Asset Management | 2 years ago | 945500 |
| 18. | Principal Financial Group Inc | 2 years ago | 880371 |
| 19. | Mirae Asset Global Investments (Korea) Co Ltd | 2 years ago | 875846 |
| 20. | Van Eck Associates Corporation | 2 years ago | 809231 |
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